PetroVietnam stands firm amid “double crisis”

The Vietnam Oil and Gas Group (PetroVietnam) sustained its production and business activities in the first eight months of 2020 despites many oil and gas firms around the world struggling with the “dual crisis” of COVID-19 and prolonged low oil prices.

Gelex raises offer for Viglacera shares

The Việt Nam Electrical Equipment JSC (Gelex) has raised its offer by 9.3 per cent to buy Viglacera shares in an attempt to take a controlling stake in the firm.

SHB files for listing on HoSE

Sài Gòn-Hà Nội Commercial Joint Stock Bank (SHB) has filed to list more than 1.75 billion shares on the Hồ Chí Minh Stock Exchange.

Car imports surge in August

The report showed more than 8,800 cars of various types were imported worth US$202 million, up by 85.6 per cent compared with the previous month.

Ninh Bình eyes $137m automobile factory

Financed by Thành Công Group, the Hyundai Thành Công No 2 factory has a production capacity of 100,000 vehicles. each year. It spans on 50ha in the province's Gián Khẩu Industrial Park. 

PV Gas – leading firm in domestic gas industry

The corporation has built a complete infrastructure system with four gas systems and 1,200km of pipelines, three gas factories and 13 liquefied petroleum gas (LPG) warehouses whose combined capacity stands at nearly 100,000 tonnes, he said, stressing that its total asset exceeds VNĐ62 trillion (US$2.67 billion).

Đắk Lắk seeks to become investment magnet

It aims to diversify its investment promotion efforts, including by holding regular meetings and interactions with large domestic and international companies to apprise them about its potential and investment climate.

Samsung eyes conversion into export processing firm

The Hồ Chí Minh City People’s Committee has this month submitted a proposal to the Government seeking approval for Samsung CE Complex Electronics Co. Ltd (SEHC Company) to convert into an export processing enterprise.

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